Experts estimate that fantasy sports is a 4 billion dollar industry. What is that crazy game some of your officemates play? Kent Smetters a Professor of insurance and risk management, and a founder of fantasy sports site rotohog.com discusses the background and future of fantasy sports.

I listened to the interview and actually have some disagreements with Kent. He believes that fantasy sports are broken because the various leagues are fragmented. That is, generally offices and groups of people play amongst themselves. Rotohog.com will be a more competitive environment where the best player can win $100,000. I think this is a losing idea. Once you introduce real money and competition into something it drastically changes the dynamic. In my opinion, only a small percentage of players want that kind of competition. Most, like me, play it for fun.

 

Submitted: Jul 26, 2007    Views: 213    Comments: 2    Likes: 3   


View Audio: http://knowledge.wharton.upenn.edu/audioplayer2.cfm?audiofile=KW_Sm...


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Comments Received:

Sam Cass
Sam_Cass

I think he has some legitimate criticisms of fantasy sports leagues. I've experienced some of what he mentions. But I also agree that I'm not interested in the big stakes aspect. It takes some of the fun out of the game. Others might disagree.

Posted: Jul 26, 2007

LikeItIs

The competition is the only way they are going to gain traction. They're competing against mega-established brands. I think they'll find it tough going.

Posted: Jul 26, 2007



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